CONFISERIE GINO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CONFISERIE GINO
Largest movements
- Tangible fixed assets +€289,557
up €289,557 (+77.2%), from €375,232 to €664,789
of which Land and buildings: +€290,529
- Current investments -€149,223
no longer reported in 2025 (was €149,223)
- Cash -€23,755
down €23,755 (-19.9%), from €119,444 to €95,689
mainly Investment in fixed assets (net) (-€320,618) and Contributions, distributions and other (-€42,151)
- Stocks and contracts -€9,286
down €9,286 (-37.6%), from €24,675 to €15,389
- Other debts +€116,000
up €116,000 (+676%), from €17,151 to €133,151
- Debts after one year +€50,621
up €50,621 (+38.7%), from €130,727 to €181,347
- Reserves -€42,151
down €42,151 (-8.2%), from €511,230 to €469,080
of which Distributable reserves: -€42,151
- Tax, wage and social debts -€18,133
down €18,133 (-73.6%), from €24,651 to €6,518
of which Taxes: -€18,005
- Profit (loss) carried forward -€17,536
down €17,536 (-116%), from -€15,154 to -€32,690
- Gross operating margin -€26,086
down €26,086 (-29.8%), from €87,595 to €61,509
- Depreciation -€24,236
down €24,236 (-43.8%), from €55,298 to €31,062
- Staff costs -€5,437
down €5,437 (-13.4%), from €40,580 to €35,143
- Financial charges +€3,399
up €3,399 (+47.9%), from €7,100 to €10,499
- Financial income -€2,543
down €2,543 (-36.2%), from €7,015 to €4,472
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €706,699 | €808,531 | +€101,833 | +14.4% |
| Fixed assets | 21/28 | €375,282 | €664,839 | +€289,557 | +77.2% |
| Tangible fixed assets | 22/27 | €375,232 | €664,789 | +€289,557 | +77.2% |
| Land and buildings | 22 | €373,560 | €664,089 | +€290,529 | +77.8% |
| Plant, machinery and equipment | 23 | €637 | €197 | -€439 | -69.0% |
| Furniture and vehicles | 24 | €1,036 | €502 | -€533 | -51.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €331,416 | €143,692 | -€187,724 | -56.6% |
| Stocks and contracts in progress | 3 | €24,675 | €15,389 | -€9,286 | -37.6% |
| Stocks | 30/36 | €24,675 | €15,389 | -€9,286 | -37.6% |
| Amounts receivable within one year | 40/41 | €38,075 | €32,615 | -€5,460 | -14.3% |
| Trade receivables | 40 | €22,921 | €20,136 | -€2,785 | -12.2% |
| Other amounts receivable | 41 | €15,153 | €12,479 | -€2,675 | -17.7% |
| Current investments | 50/53 | €149,223 | - | -€149,223 | |
| Cash at bank and in hand | 54/58 | €119,444 | €95,689 | -€23,755 | -19.9% |
| Total equity and liabilities | 10/49 | €706,699 | €808,531 | +€101,833 | +14.4% |
| Equity | 10/15 | €514,669 | €454,982 | -€59,687 | -11.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €511,230 | €469,080 | -€42,151 | -8.2% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €473,730 | €431,580 | -€42,151 | -8.9% |
| Profit (loss) carried forward | 14 | -€15,154 | -€32,690 | -€17,536 | -116% |
| Amounts payable | 17/49 | €192,030 | €353,549 | +€161,520 | +84.1% |
| Amounts payable after more than one year | 17 | €130,727 | €181,347 | +€50,621 | +38.7% |
| Financial debts | 170/4 | €130,727 | €181,347 | +€50,621 | +38.7% |
| Amounts payable within one year | 42/48 | €61,303 | €172,202 | +€110,899 | +181% |
| Current portion of amounts payable after more than one year | 42 | €12,962 | €20,791 | +€7,829 | +60.4% |
| Trade debts | 44 | €6,540 | €11,743 | +€5,203 | +79.6% |
| Suppliers | 440/4 | €6,540 | €11,743 | +€5,203 | +79.6% |
| Taxes, remuneration and social security | 45 | €24,651 | €6,518 | -€18,133 | -73.6% |
| Taxes | 450/3 | €20,103 | €2,098 | -€18,005 | -89.6% |
| Remuneration and social security | 454/9 | €4,548 | €4,420 | -€128 | -2.8% |
| Other amounts payable | 47/48 | €17,151 | €133,151 | +€116,000 | +676% |
| Remuneration, social security and pensions | 62 | €40,580 | €35,143 | -€5,437 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,298 | €31,062 | -€24,236 | -43.8% |
| Other operating charges | 640/8 | €6,395 | €6,400 | +€5 | +0.1% |
| Gross operating margin | 9900 | €87,595 | €61,509 | -€26,086 | -29.8% |
| Operating profit (loss) | 9901 | -€14,678 | -€11,096 | +€3,582 | +24.4% |
| Financial income | 75/76B | €7,015 | €4,472 | -€2,543 | -36.2% |
| Recurring financial income | 75 | €7,015 | €4,472 | -€2,543 | -36.2% |
| Financial charges | 65/66B | €7,100 | €10,499 | +€3,399 | +47.9% |
| Recurring financial charges | 65 | €7,100 | €10,499 | +€3,399 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,763 | -€17,123 | -€2,360 | -16.0% |
| Income taxes | 67/77 | €390 | €413 | +€23 | +5.8% |
| Profit (loss) for the period | 9904 | -€15,154 | -€17,536 | -€2,383 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,154 | -€17,536 | -€2,383 | -15.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.